Arbeitspapier
AGM-consistency and perfect Bayesian equilibrium. Part II: From PBE to sequential equilibrium
In Bonanno (Int. J. Game Theory, 42:567-592, 2013) a general notion of perfect Bayesian equilibrium (PBE) was introduced for extensive-form games and shown to be intermediate between subgame-perfect equilibrium and sequential equilibrium. The essential ingredient of the proposed notion is the existence of a plausibility order on the set of histories that rationalizes a given assessment. In this paper we study restrictions on the belief revision policy encoded in a plausibility order and provide necessary and sufficient conditions for a PBE to be a sequential equilibrium.
- Sprache
-
Englisch
- Erschienen in
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Series: Working Paper ; No. 14-1
- Klassifikation
-
Wirtschaft
- Thema
-
plausibility order
belief revision
Bayesian updating
independence
sequential equilibrium
consistency
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bonanno, Giacomo
- Ereignis
-
Veröffentlichung
- (wer)
-
University of California, Department of Economics
- (wo)
-
Davis, CA
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bonanno, Giacomo
- University of California, Department of Economics
Entstanden
- 2014
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